Harrekin
Well-Known Member
You know the trading date ends before the settlement, which is generally months before the mythical "delivery" takes place.Oh? Where does the settlement procedure say that?
I'm asking you for links because the contract I looked at--the one you said had no physical settlement--doesn't even provide for anything else.
It doesn't happen, you either get a cash settlement or a rollover, delivery NEVER HAPPENS.
Why are you so pig-headed about this? Paper markets unnaturally manipulate the price of physicals without regard to physical demand. Silver is still low yet India has already bought about 10-15% of all silver MINED this year.
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